The Case for Community Wealth Building. Joe Guinan

The Case for Community Wealth Building - Joe Guinan


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Chancellor of the Exchequer

      ‘Joe Guinan and Martin O’Neill present a compelling vision of a more just, democratic economy in which wealth and power are more fairly shared. This book should be read by anyone who believes that a different economic order is possible and wants to know how we start to make it happen.’

       Ed Miliband, MP for Doncaster North and former Leader of the Labour Party

      ‘If you want to make the city where you live more equal and more democratic, this is the book for you. It shows what local government, institutions, and people can do to create a better world – even without the support of central government. It is at once both practical and inspiring.’

       Richard Wilkinson and Kate Pickett, authors of The Spirit Level and The Inner Level

      ‘The Case for Community Wealth Building is an essential guide to a new and devolved economic movement that challenges forty years of neoliberalism and austerity. It articulates real progress towards a transformed and democratic economy.’

       Councillor Matthew Brown, Leader of Preston City Council

      Sam Pizzigati, The Case for a Maximum Wage

      Louise Haagh, The Case for Universal Basic Income

      James K. Boyce, The Case for Carbon Dividends

      Frances Coppola, The Case for People’s Quantitative Easing

      Joe Guinan & Martin O’Neill, The Case for Community Wealth Building

      Joe Guinan

      Martin O’Neill

      polity

      Copyright © Joe Guinan and Martin O’Neill 2020

      The right of Joe Guinan and Martin O’Neill to be identified as Author of this Work has been asserted in accordance with the UK Copyright, Designs and Patents Act 1988.

      First published in 2020 by Polity Press

      Polity Press

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      Cambridge CB2 1UR, UK

      Polity Press

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      All rights reserved. Except for the quotation of short passages for the purpose of criticism and review, no part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher.

      ISBN-13: 978-1-5095-3904-8

      A catalogue record for this book is available from the British Library.

      The publisher has used its best endeavours to ensure that the URLs for external websites referred to in this book are correct and active at the time of going to press. However, the publisher has no responsibility for the websites and can make no guarantee that a site will remain live or that the content is or will remain appropriate.

      Every effort has been made to trace all copyright holders, but if any have been overlooked the publisher will be pleased to include any necessary credits in any subsequent reprint or edition.

      For further information on Polity, visit our website: politybooks.com

       For Patricia Harvey and Elizabeth O’Neill

       All politics is local.

      Tip O’Neill

      People live in particular places and in particular communities, and the politics and economics of those places and communities matter hugely for the quality of their lives. These are basic, inescapable facts of human existence, but facts that are often peculiarly overlooked in discussions of social justice and economic policy. And so this is a book about public policy and the pursuit of social justice – but a book whose focus is very much on the local level.

      This book is about the radical potential of ‘local justice’. It is written at a time of rapid political and economic flux, when the future paths of our societies are far from certain. Its focus is necessarily on the United States and United Kingdom, the two political economies we know best and where Community Wealth Building is at its most developed – not coincidentally, also the two advanced industrial economies in which neoliberalism was first unleashed, and where its rot runs deepest. We are well aware that there are important, relevant developments in a host of other countries. But personal experience and the need to set some manageable boundaries on the scope of such a short work suggested a narrow focus on Britain and America.

      At Polity Press, we’re grateful to George Owers for his enthusiastic reaction to the idea for this book, and for his efficiency and good judgement. Polity’s Julia Davies ably assisted in shepherding the book into existence. We’re also grateful to four anonymous referees for their helpful comments on a first draft of the manuscript. All remaining errors are ours alone.


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